Loading...
HomeMy WebLinkAboutR-2004-195 Write-off of Certain Uncollectable Accounts ReceivableRESOLUTION NO. R-2004- 195 A RESOLUTION authorizing the write-off of certain uncollectable accounts due to various funds of the City of Yakima. WHEREAS, attached is an exhibit entitled "Accounts Receivable to be Written -Off" consisting of a list of delinquent accounts due to various funds of the City to be discharged by City Council action, now, therefore. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The delinquent accounts listed on the attached exhibit entitled "Accounts Recommended for Council Write -Off 2004" are hereby recognized by the City Council as uncollectable and the Director of Finance of the City is herby authorized to write-off these debt accordingly. ADOPTED BY THE CITY COUNCIL this 14th day of December ,2004. ATTEST: Kms,,., ,d ElEfr'6•411� &1L -(-P Paul P. George, Mayor CITY CLERK ACCOUNTS RECOMMENDED FOR COUNCIL WRITE-OFF 2004 Date 09/01/1995 Name Account # Statute of Limitations Bankruptcy Collection Uncollectable Misc. Grand Total Remarks A-1 Sign & Bench 1709 $9,008 03 $9,008 03 Transit Bench Ads -Acct Uncollectable Chapter 7 Bankruptcy 02/12/1998 Donohue Excavating 2811 $118.14 $118.14 Water Meter Repair/Labor-Acct. Cancelled from YCCS/Statute of Limitations 09/20/1999 01/12/2000 Evans, Charlotte 3685 $165 72 $165.72 Inmate Medical Bill -Acct Cancelled from YCCS Statute of Limitations Evans, Charlotte 3779 $602.84 $602.84 Inmate Medical Bill -Acct Cancelled from YCCS Statute of Limitations 07/05/2000 Falcon Electronic 3859 $825.00 $825 00 Fire Alarm Monitor Billing -Acct. Cancelled YCCS Defunct Company Uncollectable 07/16/2003 Gonzalez, Francisco 5022 $243.75 $243 75 Hydrant Meter Replace/Labor-Acct Cancelled from YCCS Bankruptcy Chapter 7 08/17/1999 Hinote, James M 3580 $80.72 $80 72 Inmate Medical Bill -Acct Cancelled from YCCS Client Deceased Uncollectable 01/12/2000 John, Jimmy F 35931 $2,695 37 $2,695.37 Inmate Medical Bill -Acct Cancelled from YCCS Client Deceased Uncollectable 07/22/1998 Kittleson, Lynne 2680 $48 50 $48.50 Charge to Copy Materials -Acct. Cancelled from YCCS Statute of Limitations 04/27/2000 Maynard, Kenneth L 3795 $1,148 25 $1,148.25 Inmate Medical Bill -Acct. Cancelled from YCCS Client Deceased Uncollectable 10/27/2003 Moes Pressure Wash 5227 $281 91 $281 91 Hydrant Meter Charges -Acct. Cancelled from YCCS Bankruptcy Chapter 7 09/20/1999 Valencia, Pedro M 3670 $56.54 $56 54 Inmate Medical Bill -Acct. Cancelled from YCCS Client Deceased Uncollectable $9,533.69 Totals $1,760.20 $3,980.88 $0.00 $15,274/7 Note: YCCS is the name of the collection agency current y under contract with the C ty of Yakima. 1 Council Write Off CRP BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. /04 For Meeting Of: 12/14/04 ITEM TITLE: A Resolution Authorizing Certain Uncollectable Central Receivable Accounts to be Written Off. SUBMITTED BY: Rita Anson, Finance Director Cindy Epperson, Financial Services Manager, 575-6070 CONTACT PERSON/TELEPHONE: Cindy Eppersoi - Financial Services Manager, 575-6070 SUMMARY EXPLANATION: Periodically, Finance reviews Accounts Receivable balances and recommends that Council write-off certain accounts. (The last write-off was approved in December of 2003) Currently, we have identified 12 accounts ranging from $48.50 to $9,008.03 to be written off from Central Receivable Accounts. Typically, once an item has been billed, it takes Council action to remove it from our records. There are several reasons that accounts are considered uncollectable. Normally, the most common is that the billing has been outstanding for so long that it has passed the statute of limitations time limit for collecting the debt. When bankruptcies occur, and we have an unsecured interest, write-off is recommended. When the collection agency is not able to actively pursue collection or a court action dismisses the liability, the City is notified that the account is uncollectable. The attached listing separates the accounts into these three categories. Normally, the City doesn't actually record the revenue until time of collection, therefore, this write-off does not "reverse" any revenue already booked. The attached resolution would authorize the write-off of uncollectable accounts, and we are respectfully submitting it for Council's review and adoption. Resolution X Ordinance Other (Specify) Report Contract Mail to (name and address): Phone: Funding Source N/A APPROVED FOR SUBM1'1"I'AL: City Manager STAFF RECOMMENDATION: Adopt Resolution BOARD/COMMISSION RECOMMENDATION: COUNCIL ACTION: Resolution adopted. RESOLUTION NO. R-2004-195